Henan Shenhuo Coal&Power Co.Ltd(000933) disclosed the business plan for 2022. Under the current market conditions, the company expects the annual fluctuation range of electrolytic aluminum product price to be 17000-23000 yuan / ton, and the annual fluctuation range of alumina price to be 2400-3500 yuan / ton. According to the calculation of the average price of the company’s main products and raw materials in 2022, it is expected to achieve an annual operating revenue of 33 billion yuan and a total operating profit of 5 billion yuan from its main business. In addition, in order to seize the opportunity of the outbreak of new energy batteries, Shenlong Baoding, the holding subsidiary of the company, is agreed to invest in the production and construction project of new energy power battery materials with an annual output of 60000 tons. According to the project feasibility study report issued by China Color Technology Co., Ltd., the total investment of the project is 1.185 billion yuan.
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